Articles:

Books:

McKinsey &Company. (2012). Government Designed for New Times.

La Chimia, Annamaria et al. (2012). Trade Effects of Rules on Procurement for Commonwealth ACP Members. Commonwealth Secretary, Economic paper series no. 92.

Moyo, Dambisa. (2009). Dead Aid: Why Aid is Not Working and How There is a Better Way for Africa. New York: Farrar, Straus & Giroux, 2009.

Lydon, Ghislaine. (2009). On Trans-Saharan Trails: Islamic Law, Trade Networks, and Cross-Cultural Exchange in Nineteenth-Century Western Africa. Cambridge: Cambridge University Press.

This study is the first of its kind to examine the history and organization of trans-Saharan trade in western Africa using original source material. It documents the internal dynamics of a trade network system based on a case-study of the Wad Nun traders, who specialized in outfitting camel caravans in the nineteenth century. Through an examination of contracts, correspondence, fatwas, and interviews with retired caravaners, Lydon shows how traders used their literacy skills in Arabic and how they had recourse to experts of Islamic law to regulate their long-distance transactions. The book also examines the methods employed by women participating in caravan trade. By embracing a continental approach, this study bridges the divide between West African and North African studies. The work will be of interest to historians of African, Middle Eastern, and world history and to scholars of long-distance trade, Muslim societies, and Islamic law.

Akerlof, George and Robert Shiller. (2009). Animal Spirits: How Human Psychology Drives the Economy and Why it Matters for Global Capitalism. Princeton: Princeton University Press.

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, “animal spirits” are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government–simply allowing markets to work won’t do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life–such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes–and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits–the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time–unless we are prepared to take further, decisive action.